support level


: a price level on a declining market at which a security resists further decline due to increased attractiveness to traders and investors

called also support area

Example Sentences

Recent Examples on the Web That’s why matching your support level with the intensity of your activity is key, especially where high-impact workouts are concerned. Rozalynn S. Frazier, Travel + Leisure, 10 Feb. 2023 Teledoc has a long way to go, however, with several more resistance levels to break above and a support level that has to hold. John Navin, Forbes, 28 June 2022 Those numbers represented almost a halving of the support level in 2021 for both Blackrock and Vanguard, while State Streets support for ESG measures fell by ten percentage points over the same time period. Cassie Werber And Amanda Shendruk, Quartz, 19 Jan. 2023 Bulls need to hold that key support level and get back above resistance at 4,430 through the course of this week. Jon Markman, Forbes, 26 Jan. 2022 Take a look at how the mid-May low — the previous support level — is broken this week. John Navin, Forbes, 7 May 2022 If that support level is taken out, something has changed. John Navin, Forbes, 7 May 2022 The stock broke through the support level of 300 in early 2022 and can now be purchased at 208. John Navin, Forbes, 13 May 2022 The currency recovered slightly on Wednesday morning but remained below $19,000, an important psychological support level that has held since the lows of mid-June when the implosion of TerraUSD touched off a broader meltdown in the crypto markets. Christiaan Hetzner, Fortune, 7 Sep. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'support level.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Word History

First Known Use

1906, in the meaning defined above

Time Traveler
The first known use of support level was in 1906

Dictionary Entries Near support level

Cite this Entry

“Support level.” Dictionary, Merriam-Webster, Accessed 24 Mar. 2023.

Last Updated: - Updated example sentences
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